Horizon reveal revenue growth
Horizon Technology Group, a leading system integrator and distributor of information technology products in the UK and Ireland, announces its interim results for the six months to June 30 2007.
The first half of 2007 was a period of continued and significant progress, financially and strategically.
Some of the financial highlights during this period included: Revenue increased 11%; gross profit increased 44%, EBIT increased 27% - EBIT margin increased 40 basis points to 3.2%, diluted EPS increased 21%, strong cash conversion in the first half – 167% of EBITA and compound EPS growth of 27% since 2003